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Truss, Sunak’s campaign highlights differing approaches

Foreign Secretary Truss has in contrast emerged as a favourite in the vote of grassroots Tory members, the result of which will be announced next Monday…reports Asian Lite News

Liz Truss will become Britain’s third female prime minister if she wins the Conservative leadership election, while rival Rishi Sunak hopes to be the first non-white incumbent in Downing Street.

The campaign, sparked by Prime Minister Boris Johnson’s resignation in July, has highlighted the pair’s differing approaches to tackling the country’s spiralling cost of living crisis.

Sunak, whose resignation as finance minister over a series of government scandals helped to spark the leadership contest, is considered a better public speaker.

But he has come under fire for clinging to fiscal orthodoxy to tackle runaway inflation and has been hamstrung by his image as a wealthy technocrat.

At the same time, he has faced accusations of treachery for bringing down the Tories’ Brexit hero Johnson.

Foreign Secretary Truss has in contrast emerged as a favourite in the vote of grassroots Tory members, the result of which will be announced next Monday

“She’s a better politician,” said John Curtice, a political scientist at the University of Strathclyde in Glasgow.

“If you ask me what Liz Truss’s campaign was about I will immediately say to you: ‘a tax cut not a handout’. Very clear,” he said.

“There is no strapline for Sunak, nothing.”

For Curtice, Truss has effectively conveyed “traditional Conservative messages” to Tory members while Sunak has been more nuanced.

“It’s also a bit of a lecture,” he said, assessing that Sunak has come across as “a wee bit brittle” under pressure.

“You can see that she’s been in the game for longer,” he added.

Political journey

Truss, 47, has described her ascent towards the top of British politics as a “journey” that has seen her criticised for being ambitiously opportunistic.

She comes from a left-wing family and initially joined the centrist Liberal Democrats before jumping ship to the right-wing Conservatives.

She became MP for the South West Norfolk constituency in eastern England in 2010, surviving revelations of an affair that almost cost her the nomination.

Since 2012 she has held a series of ministerial posts in the education, finance and departments as well as a difficult spell in justice.

In 2016, she campaigned for the UK to remain in the European Union but quickly became one of its strongest supporters when Britons voted for Brexit.

When the UK left the EU, Johnson put her in charge of negotiating new free trade deals before appointing her as foreign secretary last year.

In the role, she took on the controversial task of trying to overhaul differences with Brussels about post-Brexit trade in Northern Ireland.

Like Johnson, she has talked tough on Russia and given unswerving backing for Ukraine.

Truss’s dress sense and photo opportunities — posing in a tank in Estonia and wearing a fur hat in Moscow — have earned her comparisons to Tory icon Margaret Thatcher.

Her sometimes stiff style has become visibly more relaxed and allies have sought to soften her image, revealing her love of karaoke and socialising.

Establishment elite?

“For a party that’s gone in quite a populist direction in recent years, she’s been able to present herself as more authentic, more ordinary than Rishi Sunak, who is all too easily presented as part of the global elite,” said Tim Bale, from Queen Mary University of London.

“Like Boris Johnson, she is keen on the idea that there is some kind of elite that has to be countered and she sets herself up as being outside the establishment, despite having been in government for eight years.”

Sunak, 42, the grandson of Indian immigrants, grew up as the son of a doctor and a pharmacist in Southampton, on England’s south coast.

He attended the prestigious fee-paying Winchester College school, then Oxford University.

Truss, who went to a state school in Leeds, northern England, also studied at Oxford. Both studied politics, philosophy and economics.

Sunak met his wife, Akshata Murty, whose father founded the Indian tech giant Infosys, at US university Stanford before jobs at Goldman Sachs and investment funds.

He has represented the constituency of Richmond in northern England since 2015, where he was soon marked out as a potential future prime minister.

He became finance minister in early 2020, quickly winning plaudits for spearheading government support to people and businesses affected by the coronavirus pandemic.

But Sunak, a self-confessed geek with a love of Star Wars, saw opinion turn against him this year, after it emerged that his wife did not pay UK tax.

Critics have also used his private wealth, expensive clothes and houses to portray him as out of touch with the ordinary public.

ALSO READ-Sunak attempts to catch up with Truss at Birmingham  

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Truss considers 5% cut in VAT  

A 5-point cut would cost the taxpayer £38 billion to keep in place for one year, the Telegraph said, citing analysis by the Institute for Fiscal Studies. It may also reduce inflation temporarily by around 2 points…reports Asian Lite News

Liz Truss is considering cutting VAT sales tax by as much as 5 percentage points across the board, the Telegraph reported, a move that may head off criticism she lacks a plan to tackle the country’s cost of living crisis.

The potential reduction to 15%, flagged in a newspaper that has strongly backed her leadership campaign against Rishi Sunak, represents something of a change of tack by Truss.

With the contest entering its final week — there’s one hustings remaining in London on Wednesday — Truss is favored to win the backing of Conservative Party members and become Britain’s prime minister.

The reduction in the value added tax headline rate would be the largest ever and may save the average household more than £1,300 ($1,527) a year, according to the Telegraph. It could protect businesses from failing and may be accompanied by additional measures to help the most vulnerable pay their energy bills, which are set to almost triple this winter from a year earlier, the newspaper said, citing officials.

“Colossal sums” have been comitted to help people pay their bills and the next government is set offer more help with another huge package of financial aid to be announced next month, outgoing Prime Minister Boris Johnson said in an article published in the Mail on Sunday.

The Treasury will also present the next prime minister with plans modeled on former Prime Minister Gordon Brown’s response to the 2008 financial crisis as part of a series of options to offset soaring energy bills, according to the Telegraph.

A 5-point cut would cost the taxpayer £38 billion to keep in place for one year, the Telegraph said, citing analysis by the Institute for Fiscal Studies. It may also reduce inflation temporarily by around 2 points.

Another suggestion being considered by Truss’s camp would be to raise the personal allowance, that allows people to earn £12,570 a year before they start paying tax, ahead of Treasury’s schedule, the Times reported.

Others in her team have proposed raising the threshold at which workers start paying the higher rate of income tax which stands at £50,270, according to the newspaper.

ALSO READ-Truss tipped to prevail as PM race nears end

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Truss tipped to prevail as PM race nears end

The leadership contest has been dominated by how to respond to Britain’s growing economic woes, with the rival candidates and their camps descending into open political warfare…reports Asian Lite News

The race to become the next prime minister is in its final week, with Liz Truss appeared poised to secure the top job, along with daunting challenges.

Foreign Secretary Truss, 47, has consistently outrun 42-year-old former finance minister Rishi Sunak by wide margins in polls of Conservative party members who will decide the contest, which started in early July.

An estimated 200,000 Tory grassroots have been able to vote since earlier this month for their preferred candidate, before postal and online ballots close on Friday.

The winner will be announced next Monday and replaces outgoing leader Boris Johnson in Downing Street the following day — only to face immediate crises over the spiralling cost of living.

The unenviable job of leading Britain through its highest inflation in 40 years and warnings of an imminent recession arose after Johnson announced in early July that he would be standing down.

It followed months of scandals that eventually triggered Sunak and dozens of other ministers to resign from government, forcing his departure.

However, some ministers and MPs — including Truss — remained loyal to the end, arguing Johnson deserved more time to turn around his controversy-tarred three-year tenure.

Nearly 10,000 Tory members are reportedly so angry at his enforced resignation they are pushing the ruling party to allow a vote over whether to accept it.

The Tory hierarchy is resisting the move while Downing Street has distanced itself from the campaign, insisting Johnson will back the winner of the leadership fight.

Whoever that is may struggle to reunite the Conservatives, with the splits worsened by the bitter battle between Truss and Sunak.

Eight Conservative MPs initially qualified to run in the race, before the party’s MPs whittled that number down in five ballots.

Sunak was the early frontrunner, topping all those votes of Conservative MPs while Truss repeatedly finished third.

She scraped into the final pairing on July 20 by just eight votes.

However, once the run-off began she quickly became the frontrunner, winning the endorsements of big hitters in Johnson’s outgoing cabinet and stealing the support of several MPs from her rival’s camp.

Sunak, who has faced a backlash from some Tory members over his part in ousting Johnson, has been relegated to long-shot contender.

The two candidates have sparred over their policies and records in several television debates as well as a dozen hustings in front of members — the last of which will be held in London Wednesday evening.

But with surveys showing Truss leading by more than 30 points, the contest seems effectively over.

However, recent polls of the wider electorate show the challenge ahead.

The main opposition Labour party now boasts a double-digit lead over the Conservatives in a deteriorating economic landscape.

The next general election is due by January 2025 at the latest, but could come sooner, with most people expecting it in 2024.

The leadership contest has been dominated by how to respond to Britain’s growing economic woes, with the rival candidates and their camps descending into open political warfare.

Truss has pledged immediate tax cuts and renewed focus on economic growth, while assailing her rival for pushing taxes to record highs and presiding over declining growth.

Sunak has emphasised the need to maintain current taxes — including recent rises — in the short-term, while pledging more targeted support for the most needy during the cost-of-living crisis.

He has argued his finance ministry record during the pandemic shows he can help Britons through the economic woes.

His furlough scheme, which temporarily paid the wages of millions, is credited with staving off mass unemployment.

First elected to parliament in 2015 and a Brexit supporter during the 2016 referendum, Sunak has accused Truss of “fairytale economics” and claimed her tax cuts will worsen inflation.

But analysts say the campaign has shown Truss — first elected an MP in 2010 — possesses superior political experience and skills.

“She was able to communicate effectively,” said polling expert John Curtice, noting Sunak had appeared a “bit brittle.”

Politics professor Tim Bale, of Queen Mary University of London, noted Truss had in some ways defied her own record.

A minister in successive Tory governments for the past decade, who voted to remain in the European Union in 2016, she nonetheless showcased a populist anti-establishment image in the race.

“She’s somehow managed to present herself as more Brexiteer than Rishi Sunak, who actually voted to leave (the EU), which is a remarkable achievement,” said Bale.

ALSO READ-Truss unsure is Macron is ‘friend or foe’

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Truss unsure is Macron is ‘friend or foe’

Both Truss and her rival candidate Rishi Sunak were asked a series of quickfire questions at the Norwich hustings…reports Asian Lite News

Liz Truss, one of two contenders to become the new UK Prime Minister, has been accused of risking worsened diplomatic relations with France after she said the “jury’s out” on President Emmanuel Macron.

Truss, the incumbent Foreign Secretary, told Conservative Party members at a leadership hustings in Norwich on Thursday that she was undecided as to whether her counterpart in Paris was “friend or foe”.

A number of issues have affected the UK and France in recent months, including boat crossings in the Channel and travel chaos around Dover, which Truss blamed on a lack of staffing by the French authorities.

Both Truss and her rival candidate Rishi Sunak were asked a series of quickfire questions at the Norwich hustings.

TalkTV’s Julia Hartley-Brewer, the event host, asked Truss: “President Macron, friend or foe?”

“The jury’s out,” she responded to loud applause. “But if I become Prime Minister, I would judge him on deeds, not words.”

Sunak had quickly answered “friend” when asked the same question.

Meanwhile, the opposition Labour warned that the comment, which could be seen to risk straining tensions with France, showed a “terrible and worrying lack of judgment”.

Former Conservative minister Gavin Barwell also questioned the remark, tweeting: “You would have thought the Foreign Secretary was aware we are in a military alliance with France.”

The remarks comes after Truss distanced the UK from the prospect of a project of being part of a wider European political community following a meeting between Boris Johnson and the French president in June.

The Elysee Palace insisted that Johnson had expressed interest in the idea, which would see non-EU states such as the UK involved.

Truss denied the UK had ever been on board with such a proposal.

In July, she said delays to the journeys of holidaymakers near Dover were the fault of French authorities and had been “entirely avoidable”.

ALSO READ-Sunak attempts to catch up with Truss at Birmingham  

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Sunak attempts to catch up with Truss at Birmingham  

A recent survey of Tory voters said Truss has consolidated her lead over former chancellor Rishi Sunak in the race to become the Prime Minister and leader of the Conservative Party…reports Asian Lite News

As the result of the Prime Minister race nears, Rishi Sunak made his last bit of efforts to salvage the contest for the Conservative party leadership that most surveys favour Liz Truss to win.

During the 10th round of hustings in Birmingham, Sunak pitched values like patriotism, family, hard work and service to build a better Britain. “We need to do three things. First, we need to build trust. We need to rebuild our economy and then reunite our country,” he said.

Speaking to the Tory members on the economy, the former British chancellor said that he will reform the publicly funded healthcare system in England to prevent constantly throwing more money.

Rishi Sunak, who claims to have chosen an honest way, said, “I have not chosen to say what people want to hear but I have said things that I believe the country needs to hear.”

With the final results due in the first week of September, several surveys indicate that Sunak is bound to lose to Foreign Secretary Liz Truss in the Conservative party leadership race.

The result of the vote to decide who will replace Boris Johnson as the next British Prime Minister is due on September 5.

A recent survey of Tory voters said Truss has consolidated her lead over former chancellor Rishi Sunak in the race to become the Prime Minister and leader of the Conservative Party.

The latest Conservative Home survey released last Wednesday has produced much the same result as it did when it was last published earlier this month.

“Then, Rishi Sunak was on 26 per cent, Liz Truss was on 58 per cent and 12 per cent were undecided. Now, those figures are 28 per cent, 60 per cent and nine per cent. We have rolled Neither and Won’t Vote into the same column this time round,” said the Conservative Home survey of 961 party members, who either already have or will be casting their ballots in the leadership race.

Once members who fall under the “don’t know” category are equally distributed between the two contenders, Truss maintains a 32-point lead over the former Minister Sunak.

“If our don’t knows are divided evenly between the two candidates, an exercise we carried out last time, Truss goes up to 64 per cent and Sunak to 32 per cent – and so maintains the 32 point lead she had last time round. YouGov’s last poll, which closed on August 2nd, the day our last survey went out, gave her a 38-point lead. Opinium’s latest poll, conducted last week, gave her a 22-point lead,” the survey added.

The sum of Opinium, YouGov and Conservative Home surveys is that Truss is set to win by a margin roughly between 70-30 and 60-40 – perhaps a bit higher, perhaps a bit lower.

ALSO READ-Sunak signals he wouldn’t serve in Truss govt

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Sunak signals he wouldn’t serve in Truss govt

On China, the former minister reiterated his stand about the need to be “very robust” in defending the UK against its aggressiveness…reports Asian Lite News

Rishi Sunak indicated he would not serve in a government run by his Conservative rival Liz Truss if she becomes prime minister next month.

“One thing I have reflected on quite a bit being in government, in cabinet the last few years — you really need to agree with the big things,” the former chancellor, who is expected to lose the Tory party leadership contest, told BBC Radio 2 on Monday. “Because it’s tough, as I found out, when you don’t and I wouldn’t want to end up in a situation like that again.”

Sunak, whose shock resignation last month ultimately led to Boris Johnson’s downfall as premier, and Truss are at odds with each other over their plans on the economy. Sunak has been suggested in UK newspapers as a potential health secretary under Truss.

“I am not focused on all of that, and I doubt Liz is,” he said when asked about the reports. “I am not thinking about jobs for me or anyone else.”

Sunak explains change he plans in ties with India

Sunak said he wants to change the UK-India relationship to make it a more two-way exchange that opens up easy access to UK students and companies in India.

During a campaign hustings event hosted by the Conservative Friends of India (CFIN) diaspora organisation in north London on Monday evening, the former Chancellor greeted the largely British Indian gathering with a mix of traditional greetings such as “namaste, salaam, khem cho, and kidda”.

He even broke into Hindi: “Aap sab mere parivar ho (you all are my family).” “We know the UK-India relationship is important. We represent the living bridge between our two countries,” he said, in response to a question about bilateral ties from CFIN co-chair Reena Ranger.

“We are all very aware of the opportunity for the UK to sell things and do things in India, but actually we need to look at that relationship differently because there is an enormous amount that we here in the UK can learn from India,” he said.

“I want to make sure that it’s easy for our students to also travel to India and learn, that it’s also easy for our companies and Indian companies to work together because it’s not just a one-way relationship, it’s a two-way relationship, and that’s the type of change I want to bring to that relationship,” he said.

On China, the former minister reiterated his stand about the need to be “very robust” in defending the UK against its aggressiveness.

“China and the Chinese Communist Party represent the biggest threat to our economic and thereby national security that this country has faced in a long time and we need to be alive to that,” he said.

“Be in no doubt, as your Prime Minister I will do whatever it takes to keep you, your families and our country safe because that’s the first duty of a Conservative Prime Minister,” he added.

After a grand entry at the Dhamecha Lohana Centre in Harrow to dhol beats and loud cheers, the former minister spoke briefly and then spent hours interacting with hundreds of Tory members who queued up to shake hands with him.

He was showered with blessings by the elderly in the crowd, patted on the back by others and eight-year-old Tanish Sahu got a special picture as Mr Sunak carried him in his arms.

Amita Mishra, the Trustee of Shree Jagannatha Society UK, handed over a set of gold-plated deities all the way from India.

“We are working on creating a Jagannath Temple in London and this gift is a special blessing all the way from India,” said Mishra, who was accompanied by a pandit who performed a victory shloka from the ‘Bhagavad Gita’ as the deities were handed over to Mr Sunak on stage.

In complete contrast, a British Sikh Tory member in the crowd waited hours to get a special bottle of Jack Daniels whisky signed by Mr Sunak – despite both him and the former Chancellor being teetotalers.

“I don’t drink but this is a special gift I received on my birthday and now with this signature it has become historic,” he said.

ALSO READ-Truss downplays prospect of recession

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Truss downplays prospect of recession

Gove, who has held a raft of cabinet roles and previously stood to be Tory leader, instead endorsed Rishi Sunak for the top job…reports Asian Lite News

Tory leadership favourite Liz Truss downplayed Sunday the prospect of a recession, while the man tipped to be her finance minister vowed “help is coming” over the soaring cost of living.

Truss, the frontrunner in polls to beat rival Rishi Sunak and become Britain’s next prime minister, pledged in an interview to lead a “small business and self-employed revolution” if in power.

“There is too much talk that there’s going to be a recession,” Truss told The Sun on Sunday tabloid.

“I don’t believe that’s inevitable. We can unleash opportunity here in Britain.”

She argued that the UK should create the economic conditions to produce “the next Google or the next Facebook”.

“It’s about that level of ambition,” Truss added.

In a separate interview with the Mail on Sunday, Business Secretary Kwasi Kwarteng — who is expected to head the finance ministry in Truss’s government — said he understood the “deep anxiety” sweeping Britain as decades-high inflation bit.

“But I want to reassure the British people that help is coming,” he added, telling the paper that work had started on “the best package of measures” to allow the next prime minister to “hit the ground running”.

Either Foreign Secretary Truss or ex-finance minister Sunak will replace outgoing leader Boris Johnson after the result of the summer-long contest is announced on September 5.

The victor, set to formally take power the next day, faces a daunting challenge, with the Bank of England predicting a recession later this year as well as continued rising prices.

Truss has vowed immediate tax cuts rather than direct financial handouts to help people struggling to pay their surging bills, drawing stinging criticism from Sunak, his allies and others.

On Saturday, senior UK Conservative lawmaker Michael Gove accused her of taking a “holiday from reality” with the tax-slashing plans amid the cost-of-living crisis.

Gove, who has held a raft of cabinet roles and previously stood to be Tory leader, instead endorsed Rishi Sunak for the top job.

“I am deeply concerned that the framing of the leadership debate by many has been a holiday from reality,” Gove said in an article in the The Times newspaper.

“The answer to the cost-of-living crisis cannot be simply to reject further ‘handouts’ and cut tax.”

He added Truss’ plans to reverse a recent rise in national insurance taxes earmarked for the health and social care sector “would favour the wealthy”, while slashing corporation tax would help “big businesses, not small entrepreneurs”.

“I cannot see how safeguarding the stock options of FTSE 100 executives should ever take precedence over supporting the poorest in our society, but at a time of want it cannot be the right priority,” Gove said.

The 54-year-old, who previously supported the right-wing lesser known MP Kemi Badenoch in the leadership race before it narrowed to the final pair, said he now backed Sunak.

“I know what the job requires. And Rishi has it,” he added.

Gove — who until July led the government’s department for levelling up, housing and communities, and has previously led the education and justice ministries — indicated he was not likely to take on another role.

“I do not expect to be in government again. But it was the privilege of my life to spend 11 years in the cabinet under three prime ministers,” he added.

ALSO READ-Truss leads Sunak by 32 points

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Truss leads Sunak by 32 points

Boris Johnson resigned as leader of Britain’s Conservative party on 7 July, after dozens of ministers quit his scandal-hit government…reports Asian Lite News

Liz Truss led Rishi Sunak by 32 points in the latest survey of Tory members by the ConservativeHome website, suggesting she remains on track to win the race to succeed Boris Johnson as prime minister.

Some 60% of the 961 Tory members polled by the influential website said they favored Truss to become the Conservative Party’s new leader, while just 28% backed Sunak, ConservativeHome said on Wednesday. The result is similar to the last ConservativeHome poll of Tory members on Aug. 4, when Truss also enjoyed a 32-point lead.

Truss has enjoyed large leads over Sunak in a succession of polls and surveys since the contest was narrowed down to two candidates last month. With Sunak showing little sign of making inroads, Truss is the hot favorite to become the party’s — and the country’s — next leader. The result is due on Sept. 5, with the winner taking over from Johnson the following day.

ConservativeHome found that just 9% of those surveyed remain undecided. Some 60% said they had already voted, while 40% haven’t. Although surveying Tory members is notoriously difficult, Conservative Home polls have previously produced similar results to YouGov polling.

Boris Johnson resigned as leader of Britain’s Conservative party on 7 July, after dozens of ministers quit his scandal-hit government.

The mass resignations came after accusations made by a senior former civil servant stating that Johnson’s office had given false information about past sexual harassment allegations against lawmaker Christopher Pincher.

In February this year, Johnson had appointed Pincher deputy chief whip, giving him responsibility for the well-being of other Conservative lawmakers

This paved the way for the selection of a new leader of the Tories (Conservative Party) and Britain’s Prime Minister.

Former Chancellor of the Exchequer Rishi Sunak, who was the first one to resign citing ethical grounds and kick-started Johnson’s downfall along with Foreign Secretary Liz Truss, threw their hats in the ring for the chair of British prime minister and leader of the Conservative Party just within few days of Johnson’s resignation.

The Conservative party leadership results are just a few weeks away but it looks like Liz Truss`s victory over Rishi Sunak is imminent. The result of the vote to decide who will replace Boris Johnson as the next British Prime Minister is due on September 5.

Successive polls showed how a significant number of Conservative party members who were polled back Liz Truss against Rishi Sunak.The Opinium research released last week said Liz Truss has gained as many as a 22-point lead over former chancellor Rishi Sunak in the race for becoming the next Prime Minister. Truss received 61 per cent of the vote for the next PM post while Sunak got only 39 per cent, the survey said.

ALSO READ-Priti Patel signs landmark returns deal with Pakistan

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Truss, Sunak dismiss Scottish independence referendum

The Scottish National Party, which heads Scotland’s semi-autonomous government, wants to hold a second independence referendum next year, which could rip apart the world’s fifth-biggest economy…reports Asian Lite News
The two candidates battling to be Britain’s next prime minister vied to present themselves as defenders of Scotland’s place in the United Kingdom on Tuesday, promising more scrutiny of Scotland’s government to undermine a new push for independence.

The Scottish National Party (SNP), which heads Scotland’s semi-autonomous government, wants to hold a second independence referendum next year, which could rip apart the world’s fifth-biggest economy.

The bonds holding together the four countries that make up the United Kingdom — England, Scotland, Wales and Northern Ireland — have been severely strained over the last six years by Brexit and the government’s handling of the COVID-19 pandemic.

Liz Truss, the foreign minister and frontrunner in the leadership race, and Rishi Sunak, a former finance minister, set out their policies for Scotland as they appeared at the only Conservative Party hustings in the country on Tuesday.

The two candidates competing to replace Prime Minister Boris Johnson want more focus on the Scottish government’s record on health and education. Scotland has the highest drug deaths in Europe and two thirds of the population is either obese or overweight, while a think tank report last year said its education system is the weakest in the United Kingdom.

At the hustings in Scotland, both Sunak and Truss ruled out granting another independence referendum if they become prime minister, saying the issue was settled when the last one was held eight years ago.

“To me, we’re not just neighbours, we’re family. And I will never ever let our family be split up,” Truss told Conservative party members.

However, about a quarter of Scots are likely to support independence regardless of which Conservative candidate wins, according to an opinion poll published by Survation and Diffley Partnerships.

The SNP said Scotland loses no matter who wins the contest, and attacked the British government’s failure to deal with the worst cost-of-living crisis in decades.

The real value of average British workers’ pay fell at the fastest rate since at least 2001, the Office for National Statistics said on Tuesday, as inflation outstripped wage increases.

Scotland, which has a population of around 5.5 million, rejected independence in 2014. But its government says Britain’s departure from the European Union, which was opposed by most Scots, means the question must be put to a second vote.

Earlier, Truss promised to give parliamentary privilege to members of the Scottish parliament to allow more scrutiny of the government, and said she would push a trade deal with India to end longstanding 150% tariffs on Scotch whisky, the country’s biggest single product export.

Sunak has said if he becomes prime minister, he would order senior Scottish government officials to attend annual British parliament committee hearings and ensure data on performance of Scottish public services was consistent with numbers published for England and Wales.

On Tuesday, he ruled out freezing a cap on energy prices despite calls from the opposition Labour party for such a move to help struggling households with soaring bills.

ALSO READ-Truss, Sunak blasted over ‘fantasy’ economic plans

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Truss, Sunak blasted over ‘fantasy’ economic plans

Paul Johnson, Director of the Institute for Fiscal Studies, is unimpressed with the economic plans of both Tory leadership rivals, as well as those of the Labour opposition…reports Asian Lite News

Britain’s leading politicians have been accused of coming up with “pure fantasy” solutions to the country’s problems, amid the worst cost-of-living crisis in decades.

At the same time, the government has been denounced as “missing in action”, distracted by the Conservative Party’s leadership race to determine who will replace Boris Johnson.

The outgoing prime minister’s office confirmed on Monday that he had begun a week’s holiday, his second break in a fortnight. Downing Street said last week that it would be up to “the future prime minister” to take new measures.

Liz Truss and Rishi Sunak, the two remaining contenders to succeed Johnson, have been concentrating on winning over party members who are voting this month for the new leader.

It comes at a time when the economy is facing a prolonged recession and UK inflation is the highest in the G7, hitting a 40-year high this summer. In July it rose to 9.4%, and the Bank of England expects it to hit double figures come October when household energy bills are due to rise again.

Paul Johnson, Director of the Institute for Fiscal Studies, is unimpressed with the economic plans of both Tory leadership rivals, as well as those of the Labour opposition.

“We (economists) tend to look at difficult things like costs and benefits, trade-offs, pros and cons. Our political leaders seem less and less willing to acknowledge that such trade-offs even exist. Apparently, we can have our cake and eat it,” he wrote in an article published on Monday.

Truss, the foreign secretary, has said she prefers tax cuts to “handouts”, and has not committed to increasing direct payments to consumers.

Sunak, the former chancellor (finance minister), has backed “urgent help” to enable people to pay bills, without giving specifics. “Failure to do this would push millions, including many pensioners, into a state of destitution,” he said on Saturday.

Earlier this year he approved a £400 payment to offset fuel bills that all households will get this autumn. He opposes immediate tax cuts but has vowed to slash the basic rate of income tax by 20% by 2029.

“We’ve had a shower of cakeism recently. Both the 2019 Labour and Conservative manifestos were stuffed full of it,” said Paul Johnson of the IFS. “Both Conservative leadership contenders are guilty of it. They seem to think they can promise tax cuts without any hint that this might matter for the quality of public services or the level of borrowing and debt.”

Paul Johnson also criticised Britain’s opposition Labour leader, after he called on Monday for the energy price cap to be frozen.

“Keir Starmer has now suggested that we “suspend” the energy price cap. In other words, find £30 billion-plus to subsidise energy bills,” he wrote.

“The fact remains that if we want to buy gas on the world market then we will have to pay a lot more for it than we have been used to. We are competing for that gas in a world in which demand is rising faster than supply. That’s why the price is rising.”

However, Johnson acknowledged that “Labour has gone much further than Conservative leadership contenders” in giving details of how to pay for its plans. Starmer said his party, if in power, would extend a windfall tax on oil and gas companies in the North Sea to raise £8.1 billion (€9.6 billion).

Analysts Cornwall Insight have predicted that a typical annual household energy bill could reach the equivalent of €5,000 in January. The energy consultancy Auxilione has suggested that the figure could approach €6,000 in the first half of 2023.

Early last week, Scotland’s First Minister Nicola Sturgeon, called for a meeting of the UK’s four nations’ leaders to develop an urgent plan. “The current Westminster paralysis can’t go on,” she tweeted.

Martin Lewis, a consumer champion who runs the popular Money Saving Expert website, warned that “we are facing a potential national financial cataclysm”, with millions unable to heat their homes this winter.

Meanwhile the former Labour Prime Minister Gordon Brown, who was in power during the 2008 global financial crisis, called for Boris Johnson, Truss and Sunak to get together and draw up an emergency budget in preparation for a “financial time bomb” in October.

“It’s not just that they’re asleep at the wheel — there’s nobody at the wheel at the moment,” he told broadcaster ITV.

Last Thursday Boris Johnson and senior ministers held inconclusive talks with energy companies amid mounting pressure to help consumers.

Afterwards, the outgoing leader insisted that “significant fiscal decisions” must be left to his successor. Later, he sought to ease concern.

“What we’re doing in addition is trying to make sure that by October, by January, there is further support and what the government will be doing, whoever is the prime minister, is making sure there is extra cash to help people,” he said.

The winner of the Conservative leadership race — who will also become the next prime minister — is due to be announced on September 5.

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